Operations Accounting Manager Jobs in Elgin, IL (NOW HIRING)

About Middle River Power

Middle River Power (MRP) is a private equity-sponsored platform specializing in the investment and asset management of U.S. power generation facilities. With over 8GW of natural gas, coal, battery storage, and solar facilities across multiple states, the company focuses on safe, reliable, and efficient power plant operations. MRP’s executive team collectively brings over 120 years of expertise in energy management and power generation, collaborating closely with plant personnel and industry professionals. MRP applies a data-driven approach to investment and operational decisions, considering key factors such as regulatory changes and resource planning. Learn more at middleriverpower.com.

At MRP, we believe that experienced leadership, capable emerging talent, and strong partnerships enable us to deliver innovative, outsized solutions in the energy sector. This framework ensures every hire strengthens our culture of curiosity, collaboration, and commitment while maintaining the speed and flexibility our business demands.

The Behaviors We Hire For

Our business thrives on a set of behaviors that allow our team-based culture to reach high standards and build on one another’s strengths. MRP is a PE-backed environment that requires operating at pace, calculated risk-taking, and creative problem-solving. The people we hire must excel not only in their technical domain but also embody the behaviors that make us successful.

·       Love What You Do - Genuine curiosity for the energy sector and our business

·       Collaborate to Win - Works across teams; believes partnership delivers results

·       Comfort with Ambiguity - Adapts to growth and change; solves problems resourcefully

·       Innovation Over Status Quo - Brings fresh thinking and challenges assumptions

·       Confident & Honest - Owns their contribution; transparent about what they don't know

·       Progressive Problem Solver - Guides problems to solutions; works hard to get it done

·       Here for the Long Term - Committed to building a career and business with others

Position Summary

The Accounting Manager is a hands-on individual contributor responsible for supporting the monthly close, financial reporting, and other accounting activities. This role requires strong accounting knowledge, attention to detail, and the discipline to operate within a structured, deadline-driven close process. The Accounting Manager will work cross-functionally to ensure financial information is accurate, complete, and appropriately supported.

Key Responsibilities

·       Own assigned components of the monthly, quarterly, and annual close process, including journal entries, reconciliations, accruals, and supporting schedules.

·       Review accounting activity and supporting documentation for accuracy, completeness, and appropriate accounting treatment.

·       Support financial reporting, including reviewing and refreshing reports in Solver and analyzing results for accuracy and reasonableness.

·       Partner with Asset Management, Accounts Payable, plant leadership, and other teams to resolve accounting matters and support accruals.

·       Support external audits by coordinating requests and providing accurate, timely documentation.

·       Identify and resolve discrepancies, escalate issues when appropriate, and ensure assigned close activities are completed accurately and on time.

·       Support process improvements and other accounting projects as needed.

Qualifications

·       Bachelor’s degree in Accounting, Finance, or related field.

·       5+ years of progressive accounting experience.

·       Strong knowledge of GAAP and financial reporting principles.

·       Demonstrated experience working within a rigorous monthly close process.

·       Experience with journal entries, reconciliations, accruals, and financial statement analysis.

·       Experience supporting external audits.

·       Strong analytical, organizational, and problem-solving skills with high attention to detail.

·       Advanced Excel skills; experience with Solver or similar reporting tools preferred.

Overview of our Hiring Process

We take a progressive approach to our interview process, which means we move quickly and prioritize early conversations with the people you would work with day to day. Final round interviews are usually held onsite and include members of our leadership team. In some situations, we will ask candidates to complete a project or build a presentation when it is relevant to the job. We are committed to moving efficiently and valuing your time throughout the interview process.

Work Location:

To foster a collaborative culture, we aim to place roles within one of our office locations. In some cases, we may create remote roles when it makes sense for business. Frequency and location of travel for team meetings and job duties will vary by role. MRP is an in-office 4 days a week organization.

Compensation

MRP builds its compensation packages to reward and recognize high-performing talent. Base salary ranges are designed to be competitive by market and take into consideration individual experience, technical skills and long-term career growth. Each employee is also eligible for an annual discretionary bonus based on their level and company annual performance metrics.

Benefits and Perks

MRP offers a holistic and comprehensive benefits package for all employees that consists of the following:

• Medical, vision, dental coverage for employees and families is 90% employer-funded
• FSA and HSA plans with company HSA contributions
• 15 days of PTO, company holidays, and two floating holidays
• Employee EAP and wellness services
• Parental Leave
• 401k with company matching up to 4%